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Feb 23, 2013
02/13
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KCSM
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it was the second early indicators signaling a strong rebound of the german economy. the euro was lagging behind the pessimistic remarks of the eu commission on the eurozone economy worried currency traders. >> we stay in frankfurt for a closer look at friday's numbers. the dax up by more than a full percent at 7661. euro stoxx 5 those doing much better -- 50 doing much better. across the atlantic, the dow once again flirting with 14,000, and the year of trading at a value of $1.3179 -- euro trading at a value of $1.3179. interior minister has been given the task of forming a new government after the resignation of the prime minister who lost support in an apparent power struggle between his party's moderate and hard-line wings. liberals in the country accuse the incoming prime minister of not doing enough to stop violence by radical islamists. germany's defense minister might have jumped the gun on announcing with the u.s. plans to do in afghanistan. at least -- he says at least a thousand american troops will stay in afghanistan after 2014 when international troops
it was the second early indicators signaling a strong rebound of the german economy. the euro was lagging behind the pessimistic remarks of the eu commission on the eurozone economy worried currency traders. >> we stay in frankfurt for a closer look at friday's numbers. the dax up by more than a full percent at 7661. euro stoxx 5 those doing much better -- 50 doing much better. across the atlantic, the dow once again flirting with 14,000, and the year of trading at a value of $1.3179 --...
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what would have any victory mean for italy's economy and frankly the euro zone with the placate european leaders are causing more concern the problem of europe is not the problem of public debts this is a financial assault that has been concerted by private entities to milk money from the eurozone that said schools berlusconi is not really the best choice to drive around these difficult obstacles and the moment he wasn't really so much better despite being well connected with financial world so this is a big. happiness with. him parents must sort of the dark horse here the anti-establishment candidate the former comedian that big rino or graham sorry must be buttering his they don't really write well of course he is talking about nothing less than a revolution here i mean is there a real chance for him in this election. this you come from a land who has been famous for revolution and generally revolutionaries is quite detailed programs he has a wonderful work. but very little continent and this is a big worry because as soon as he gets a gets in parliament it's not just italian politics
what would have any victory mean for italy's economy and frankly the euro zone with the placate european leaders are causing more concern the problem of europe is not the problem of public debts this is a financial assault that has been concerted by private entities to milk money from the eurozone that said schools berlusconi is not really the best choice to drive around these difficult obstacles and the moment he wasn't really so much better despite being well connected with financial world so...
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Feb 20, 2013
02/13
by
KQED
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and united healthcare. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> music is a universal language. but when i was in an accident, i was worried the health care system spoke a language all its own. with united healthcare, i got help that fit my life. information on my phone, connection to doctors who get where i am from, and tools to estimate what my care may cost so i never miss a beat. >> we are more than 78,000 people looking out for more than 70 million americans. that is health in numbers. united healthcare. >> "bbc world news" was presented by kcet los angeles. captioning sponsored by macneil/lehrer productions >> ifill: defense secretary leon panetta warned today he may furlough the vast majority of the department's 800,000 civilian wo
and united healthcare. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> music is a universal language. but when i was in an accident, i was...
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Feb 24, 2013
02/13
by
LINKTV
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it means the economy does not grow. that is one of the issues of anyone at the voting booth today or tomorrow. >> thank you. staying in rome, pope benedict the 16th has been reassuring ball worse that he is not abandoning the roman catholic church. he was giving his final sunday blessing to a packed crowd. paul brennan has the story. >> it lasted barely 10 minutes. his last ever blessing in rome was laden with significant. to an audience of tens of thousands and a global television audience of millions, the pope offered reassurance. if the lord calls me to go up and dedicate myself more to prayer and meditation. this does not mean abandoning the church. if god is asking this of me, it is so that i may continue to serve it with dedication and love and a manner more appropriate to my aid in strength. from a conservation still reeling, and the message was well received. >> it was surprising. it was something new. we all had a little bit of surprise. why, you know? >> that has not stopped feverish rumors. let's the report p
it means the economy does not grow. that is one of the issues of anyone at the voting booth today or tomorrow. >> thank you. staying in rome, pope benedict the 16th has been reassuring ball worse that he is not abandoning the roman catholic church. he was giving his final sunday blessing to a packed crowd. paul brennan has the story. >> it lasted barely 10 minutes. his last ever blessing in rome was laden with significant. to an audience of tens of thousands and a global television...
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Feb 22, 2013
02/13
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KQED
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did make some transitions in the economy, make it a little bit liberalized from that perspective. there is one very important point. throughout their range, the castros have not allow anybody to come up to challenge the rule. there is not be right now that could step into that role. this period of transition will be very important. >> the only people around him are of similar age. octogenarians. if you are looking to the next generation, who would that be? >> that is a good question. perspective,ogical probably not. we're speculating, but part of that would be to ensure purity.call suggested they need to begin to lay the groundwork for that transition. they do not want the revolution to end when their lives to. >> what extent has delivered on that? what would change? >> there have been changes. economically, there have been changes. from my perspective, they have not been -- they have not been significant. if you replace castro with a younger generation, those changes might speed up. the u.s. relationship with cuba is codified in u.s. law. there would have to be some real changes
did make some transitions in the economy, make it a little bit liberalized from that perspective. there is one very important point. throughout their range, the castros have not allow anybody to come up to challenge the rule. there is not be right now that could step into that role. this period of transition will be very important. >> the only people around him are of similar age. octogenarians. if you are looking to the next generation, who would that be? >> that is a good...
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Feb 20, 2013
02/13
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WMPT
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. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in the capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now "bbc world news." >> this is bbc world news america. pastorius is back in court, listening to what witnesses had to say the night his girlfriend was shot dead. rebel fighters battle against the assad regime. >> if they take this not only will it be a strategic deterrent but also symbolically. >> silvio berlusconi tries to stage a comeback, but will the scandals of his past keep italian voters from returning hi
. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering...
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Feb 22, 2013
02/13
by
WMPT
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. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now "bbc world news america." >> reporting from washington. bail.pistorius is granted the magistrate complaints the case has become a spectacle. disspirited italians go to the polls wondering if anyone can fix their country's economic problems. from the streets to the red carpet of hollywood, we followed two boys as they take a long journey in search of oscar gold. welcome to our viewers on public television in americ
. >> your personal economy is made up of the things that matter most, including your career. and as those things change, fidelity can help you readjust your retirement plan, rethink how you are invested, and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering...
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Feb 22, 2013
02/13
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CNBC
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so it's always relevant to economies in europe. they are facing an overshoot of the exchange rate, but it is too high for their purpose. that is going to bring the tension back into euro net. >> and speaking of italy, we79 to remind folks what else is coming up on today's program. the final countdown is under way for italy's election. we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had
so it's always relevant to economies in europe. they are facing an overshoot of the exchange rate, but it is too high for their purpose. that is going to bring the tension back into euro net. >> and speaking of italy, we79 to remind folks what else is coming up on today's program. the final countdown is under way for italy's election. we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is...
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Feb 22, 2013
02/13
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CNBC
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our economy is too small or government is too big. if we have some cuts or something that even looks like cuts it will add certainty to the business climate. it will make a meaningful difference. in a few months obama will take credit for what will come after the sequester. >> we'll leave it on that pearl of wisdom. folks if you insist on panicking about something consider the huge cost of all those federal government government workers. you won't believe how much their unfunded pension obligations are. they are going broke and there may be another taxpayer bailout in the cards. and once again don't forget free market capitalism is the best bath to prosperity. "the kudlow report" is coming back with more capitalism. don't worry, folks, help is on the way. >> remain calm. all is well. all is well! i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random
our economy is too small or government is too big. if we have some cuts or something that even looks like cuts it will add certainty to the business climate. it will make a meaningful difference. in a few months obama will take credit for what will come after the sequester. >> we'll leave it on that pearl of wisdom. folks if you insist on panicking about something consider the huge cost of all those federal government government workers. you won't believe how much their unfunded pension...
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Feb 22, 2013
02/13
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CNBC
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the biggest embarrassment now is if the stock market goes vertical and the economy doesn't, the fed in a way has to temper the pace of equity gains. >> don't want any bubbles anywhere? >> what about the suggestion that the federal reserve is going to start winding down qe3. you know, what does that create in terms of disruption in the market? are you expecting that to create a selloff? this is all coming together at a time when we're also worried about rates beginning to spike over sequestration and a credit problem this country has. >> it has to happen at some point. let's say sequestration does happen. that's bond bullish and might replace the buying that the fed might over-wise do. while you might have concern over the exit plan, we don't know what the supply is going to be. in other words, could you see yields go nowhere. >> bruce, we were talking about how defensive issues are relatively speaking outperforming right now. what do you want to buy if you're convinced that we're going to go higher here through the end of this year? what will lead us higher, do you think? >> we think a
the biggest embarrassment now is if the stock market goes vertical and the economy doesn't, the fed in a way has to temper the pace of equity gains. >> don't want any bubbles anywhere? >> what about the suggestion that the federal reserve is going to start winding down qe3. you know, what does that create in terms of disruption in the market? are you expecting that to create a selloff? this is all coming together at a time when we're also worried about rates beginning to spike over...
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Feb 18, 2013
02/13
by
CNBC
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and i believe that advanced economies, systemically important economies must be sensitive to the lower impact of their policies. >> also speaking on the sidelines of the g-20, australia's deputy prime minister dismissed talk of a currency war, but did admit that a stopping aussie/dollar is a concern and key to australia's economy. >> we saw a huge crash in commodity prices in the second half of last year and that relied heavily on our revenues. and part and parcel of all of that was doubts about the future of chinese growth. but if the chinese economy is growing 7.5% or 8%, that's still very strong growth. it's good news not just for australia, not just for the region, but for the global economy. the chinese economy is something like 40% larger than it was at the end of the 2007 when it was growing at 10. so with an economy growing at 8 or just below 8, it's still making a significant contribution to global growth. >> have we got a better balance now in terms of austerity versus growth in terms of a coordinated g-20 agenda? >> look, i was pleased to hear the discussion about the econom
and i believe that advanced economies, systemically important economies must be sensitive to the lower impact of their policies. >> also speaking on the sidelines of the g-20, australia's deputy prime minister dismissed talk of a currency war, but did admit that a stopping aussie/dollar is a concern and key to australia's economy. >> we saw a huge crash in commodity prices in the second half of last year and that relied heavily on our revenues. and part and parcel of all of that was...
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Feb 22, 2013
02/13
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CNBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. . >>> let's go back to headquarters, josh lipton watch, josh? >> down some 5%, a couple points here. one you had an influential analyst, cutting that stock to a sell, along with a host of other names. substantial pressure, he says, on nutrients pricing on the first half. another name we should mention, jana partners, remember, jana is one of the largest shareholders. talks between the two have broken down. agrium down 5.5%. scott, back to you. >> lighting up my twitter feed, michael kors, facebook, herbalife and cirrus logic. >> i bought michael kors today. >> buy high, sell higher? >> no, this is actually an example of being patient and waiting for the stock to come to you, filling the price gap. that's exactly what it
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. . >>> let's go back to headquarters, josh lipton watch, josh? >> down some 5%, a couple points here. one you had an influential analyst,...
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Feb 21, 2013
02/13
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CNBC
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we're expecting the eurozone economy to contract another 10.2% this year. that's not that far away from the consensus. we expect that you get continued divergence within the eurozone and germany, which had a very soft patch at the end of the last year is picking up and that's supported by the pmi data whereas other economies in europe are stag nating or weakening. >> wouldn't it be easier if they were all stag nating or weak? even if germany is weak, the central bank can come in and say we have to be more accommodating. but if they're holding in okay, that puts more of the onus on the periphery or even france, that means the economies would like more saurt and might not get it. >> but this divergence in europe is part of the recovery process. germany needs to see stronger than after growth at other countries effectively deflate in order to get these big imbalances to reverse over time. and that's really part of the recovery process. we don't think that the european economy itself needs to be strong for european equities to perform well. let's face it, last
we're expecting the eurozone economy to contract another 10.2% this year. that's not that far away from the consensus. we expect that you get continued divergence within the eurozone and germany, which had a very soft patch at the end of the last year is picking up and that's supported by the pmi data whereas other economies in europe are stag nating or weakening. >> wouldn't it be easier if they were all stag nating or weak? even if germany is weak, the central bank can come in and say...
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Feb 18, 2013
02/13
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FBC
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economy is not not exactly on fire. the jobless rate is pretty high but seems consumers are coming back to the auto market? >> the auto market persevered despite what other economic news is out there. people need a lot of cars. people, someone buying a new car is almost six years. think about someone trading a car six years old, the technology in cars are different. the safety is lot better than it used to be. right now the new market looks really attractive for people that have been holding back. ashley: good point. jessica caldwell from edmunds.com. thank you. >> thank you. tracy: do you have a car? ashley: i don't. i haven't had one six years which still feels strange. you live in the city. i lived in london or, no, having a car is liability. i miss driving. i rent cars once in a while. tracy: i think it is time you get one. ashley: yeah, i think so. tracy: local governments and taxpayers help to foot the bill to fund new stadiums for private sports franchises around the country. with the price tag reaching hundreds
economy is not not exactly on fire. the jobless rate is pretty high but seems consumers are coming back to the auto market? >> the auto market persevered despite what other economic news is out there. people need a lot of cars. people, someone buying a new car is almost six years. think about someone trading a car six years old, the technology in cars are different. the safety is lot better than it used to be. right now the new market looks really attractive for people that have been...
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Feb 20, 2013
02/13
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CNBC
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economy that we've long talked about. that means more exports and the plunge that we've seen in sterling really over the last month or so is beneficial for that argument. >> what about king being outvoted again when it comes to wanting to do more? we're learning that they had discussed rate cuts? >> yeah. it is interesting. happened before obviously. but i think, you know, by him pushing the case and if we do get any data disappointment it's a clear sign that more q.e. will be on its way, especially with uncertainties in europe and the u.s. fiscal story come back and start to dent risk sentiment a bit. >> is it fair -- look separately at the average hourly earnings figures which show a 1.4% growth in december. some of the weakest growth since the 1.1% increase in the three months of december, 2009. is it really the case given the nature of -- the dynamics of britain's economy that quantitative easing is actually helping, or is it basically just continuing to rob from -- from consumer purchasing power? >> yeah. it's a diff
economy that we've long talked about. that means more exports and the plunge that we've seen in sterling really over the last month or so is beneficial for that argument. >> what about king being outvoted again when it comes to wanting to do more? we're learning that they had discussed rate cuts? >> yeah. it is interesting. happened before obviously. but i think, you know, by him pushing the case and if we do get any data disappointment it's a clear sign that more q.e. will be on...
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Feb 19, 2013
02/13
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CNBC
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economy. it's happened over the last five years. people start forecasts very, very positively and then they tend to revise down their forecasts. we've been quite cautious. we're looking for close about 1.7% growth this year. it's going to be growth, but it's not a great recovery. >> how much of a drag gas prices, retail gasoline price res? up 32 days in a row or something like that? >> i think there are a few other. gasoline prices, of course, but the expectation is that they will remain stable or, you know, they won't ramp up too much unless you have some massive supply side shock. but it's more to do with things like the fiscal drag that you just mentioned, the fact that you don't have clarity on whether taxes are going up, what's going to to happen to your consumption levels. these are the key factors that make us a little bit more cautious from a u.s. outlook. >> any change in fed policy? they just keep going? >> they just keep going, at least for this year. i think they very early late laid out the rules by which they will chan
economy. it's happened over the last five years. people start forecasts very, very positively and then they tend to revise down their forecasts. we've been quite cautious. we're looking for close about 1.7% growth this year. it's going to be growth, but it's not a great recovery. >> how much of a drag gas prices, retail gasoline price res? up 32 days in a row or something like that? >> i think there are a few other. gasoline prices, of course, but the expectation is that they will...
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Feb 22, 2013
02/13
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CNBC
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eye 157
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europe is a very tough economy. and we have the highest market share in servers of any competitor in europe, so when europe is soft, we're disproportionately hurt in that business. so we thought it was better to not get out over our skis, you know, one quarter we got three more to go, and we want to make sure we're cautious, and this business changes very rapidly. >> indeed it does. let's get to pcs, because there the changes perhaps happening more rapidly than some had anticipated. sales to consumers down 13%, sales of pcs and notebooks deteriorating quite rapidly, more rapidly than you anticipated. this is a painful transition. how do you manage it and what do you tell people to expect when you're just talking about a unit that does 10% of your operating profit, at 2.7% margins? >> yeah. so there's a couple of reasons we really like this business. and first of all, there is a huge transition taking place. the reason we've never called this business the pc business, we call it the personal systems business. it's an
europe is a very tough economy. and we have the highest market share in servers of any competitor in europe, so when europe is soft, we're disproportionately hurt in that business. so we thought it was better to not get out over our skis, you know, one quarter we got three more to go, and we want to make sure we're cautious, and this business changes very rapidly. >> indeed it does. let's get to pcs, because there the changes perhaps happening more rapidly than some had anticipated. sales...
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Feb 18, 2013
02/13
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FOXNEWS
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the device makers are warning this tax will force layoffs, hurt the economy and stifle innovation. steve brown has take an look at it live in chicago, this medical device act that is in effect, went into effect earlier this year, right? 2.3%. doesn't sound like a lot. >> it did. that is on revenue and not profit or earnings. so it really has a larger bite than 2.3%. then you have to factor in what happens in different size companies. for larger companies, they can layoff, and we've seen some of that out of the bigger companies. the smaller medical device makers it's a different kind of impact. listen. >> we can't do what some of the big ortho companies have done and just lay people off f. we did that we continue keep up with growth. we can slow down the pace of hiring and sadly what we have to do is to cancel development projects. >> projects like the one that resulted in the ability of bryce libby from warsaw, i indiana to be able to walk. he did this because of a surgical team and innovative new products put together by device manufacturers. these smaller companies say these kind
the device makers are warning this tax will force layoffs, hurt the economy and stifle innovation. steve brown has take an look at it live in chicago, this medical device act that is in effect, went into effect earlier this year, right? 2.3%. doesn't sound like a lot. >> it did. that is on revenue and not profit or earnings. so it really has a larger bite than 2.3%. then you have to factor in what happens in different size companies. for larger companies, they can layoff, and we've seen...